Annointed Holdings Group, a United States-based investment group is set to invest about $700m to generate employment and transform Kogi State.
The leader of the delegation, Mr. Nduka Duke, said the organization would invest in different sectors of the state economy such as mining, housing, agriculture and tourism.
He said this yesterday when the delegation of Annointed Holdings Group visited the Kogi State Government in Lokoja, the state capital.
Duke was quoted to have commended the governor, Captain Idris Wada, for providing enabling environment for investment in the state.
He reportedly said that Wada’s humane disposition and integrity had provided further impetus for investors in the state.
Wada commended the investors for their interest and commitment to investing in key sectors of the state’s economy.
He pledged that the state government would provide all the necessary support required by them to facilitate the commencement of the investments.
He urged members of the syndicate group and experts involved in exchange of ideas with Annointed Holdings Group to chart a clear path and assist with their expertise to enable the government and the investors to deliver on the terms of the Memorandum of Understanding in good time.
The state’s Commissioner for Information, Hajiya Zainab Okino, said investors had a fruitful discussion with Wada.
As stated by her, the group later presented their areas of interest to members of the state executive council and syndicate group of experts.